Timothy Roemer: “world electricity demands are expected to triple in the next century--we will need nuclear power to meet this need. We…”

“world electricity demands are expected to triple in the next century--we will need nuclear power to meet this need. We need technologies that reduce our dependence on foreign energy sources--we now consume $1 billion in foreign oil imports each week. The Gas Turbine-Modular Helium Reactor produces only two-thirds of the high-level waste and one-third of the heavy metal waste as current reactors. Contrary to opponents' claims, the National Academy of Sciences has never evaluated this project. The 1988 study opponents of this project are waving around was for a completely different design of gas-cooled reactor. The direct-drive turbine system of this reactor make it far more efficient than traditional steam-driven reactors. The GT-MHR could be meltdown-proof modular technology, creating a safe as well as efficient reactor technology. And contrary to opponents' assertions, the project enjoys wide support from the utility industry. The GT-MHR will also create economical production of hydrogen, and can destroy over 90 percent of surplus weapons-grade plutonium by using it as fuel to provide electrical energy. Development of new and advanced energy sources requires government support. Continued government support of this technology will create the technical base needed for industry to assume complete development. Mr. Chairman, this is an important technological investment, and I urge my colleagues to oppose this amendment which would end the GT-MHR program.”